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Politics : The Obama - Clinton Disaster

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To: Wayners who wrote (39189)10/6/2010 6:04:10 PM
From: DuckTapeSunroof  Read Replies (2) of 103300
 
Re: "Aim"?

Not sure what you are saying.

The US corporate tax is nominally one of the highest in the developed world (but --- after loopholes are taken advantage of --- effectively one of the lower ones among the developed nations).

PLENTY of room to remove special interest loopholes and carve-outs (like Reagan did in the 'eighties), and then lower the corporate tax rate.

You are right though: the vast majority of those big loopholes are targeted to benefit large multi-nationals... for sure not the little guy.
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